Pullback in SQ. 4/19/2021
SQ is a royal setup and we are too far away from the original setup zone, but in this video, I give you new zones of risk. Remember, no trigger no trade.
SQ is a royal setup and we are too far away from the original setup zone, but in this video, I give you new zones of risk. Remember, no trigger no trade.
Today I go over CHWY and LULU because the squeezes are fresh, not at the expense of skipping over the indexes. I really want to just keep an eye on AMZN, TSLA, NDX, and bonds, so in this video I give my thoughts forward-looking into next week, as we get past monthly expiration tomorrow.
Keeping an eye on the indexes here and still looking at daily squeezes that have not yet fired. For example, CHWY has high short interest and it has a beautiful squeeze on the daily time frame that looks like it wants to go. LULU has had a crazy good week and I think there’s still some left in it. Overall, just keep an eye on some major selling possibly next week, but I’m looking for a strong Friday tomorrow to help out my bullish verticals on AMZN.
Gold is finally moving higher, and here’s the pattern you need to know to take advantage of it.
Lots going on in this market: How much higher can gold and silver move? Is the Russell ripe for a buy?
In this video, we look at today’s reversal off a series of all time highs. We look at levels and try to make sense of this messy market. We talk about upcoming events and how they may affect the market.
In this video, we look at today’s reversal off a series of all time highs. Is this the start of a larger downturn we have all been waiting on? We look at levels and try to make sense of this messy market. We talk about upcoming events and how they may affect the market, as well as looking at a trade idea in the SPX.
Look no further than crude oil and copper. The two commodity “canaries in the coalmine” reminded us to stay bullish stocks and also focus on some oil stock opportunities… here’s what is on my radar.